Eyeing the volume segment in India, big car makers, including Honda, Toyota and Volkswagen, today showcased their small cars here on the first day of the week-long 10th Auto Expo.
While the compact cars were the cynosure of all eyes, green technology also made a strong presence with many companies showcasing hybrids and alternate fuel vehicles.
Most of the companies are eyeing to garner a seizable chunk in the Indian car market which is heading towards the milestone of two million units a year.
Honda showcased its concept small car developed with the Indian market in mind. Priced less than Rs 5 lakh, it is due for launch in 2011. Japanese Toyota also unveiled its concept small car which will be introduced in India by early 2011.
German car-maker Volkswagen unveiled its much-awaited hatchback Polo which will be pitted against the likes Honda Jazz and Hyundai i20. Polo will hit the roads March this year.
General Motors exhibited its newly launched compact car, Beat, which is expected to become a price warrior in the compact car segment with a tag ranging from Rs 3.34 to Rs 3.94 lakh.